EconomyGulf of Oman ship-to-ship oil transfers hit limit as Saudi exports surge
Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil originating inside the Strait of Hormuz have reached capacity, trade sources and analysts say. The pressure follows Saudi Arabia’s shift of exports from the Red Sea, alongside cargoes from other producers.
Gulf of Oman ship-to-ship oil transfers hit limit as Saudi exports surge
